About QUALCOMM (NASDAQ:QCOM)

QUALCOMM Incorporated designs, develops, manufactures, and markets digital communication products worldwide. It operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on code division multiple access (CDMA), orthogonal frequency division multiple access, and other technologies for use in wireless voice and data communications, networking, application processing, multimedia, and global positioning system products. The QTL segment grants licenses or provides rights to use portions of its intellectual property portfolio, which include various patent rights useful in the manufacture and sale of wireless products comprising products implementing CDMA2000, wideband CDMA, CDMA time division duplex, and/or long term evolution standards and their derivatives. The QSI segment invests in early-stage companies in various industries, including automotive, Internet of things, mobile, data center, and healthcare for supporting the design and introduction of new products and services for voice and data communications, and new industry segments. The company also provides products and services for mobile health; products designed for the implementation of small cells; development, and other services and related products to the United States government agencies and their contractors; and software products, and content and push-to-talk enablement services to wireless operators. In addition, it licenses chipset technology, and products and services for use in data centers. QUALCOMM Incorporated was founded in 1985 and is headquartered in San Diego, California.

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Profitability

Miscellaneous

QUALCOMM (NASDAQ:QCOM) Frequently Asked Questions

What is QUALCOMM's stock symbol?

QUALCOMM trades on the NASDAQ under the ticker symbol "QCOM."

How often does QUALCOMM pay dividends? What is the dividend yield for QUALCOMM?

QUALCOMM announced a quarterly dividend on Tuesday, April 17th. Investors of record on Wednesday, May 30th will be given a dividend of $0.62 per share on Wednesday, June 20th. This represents a $2.48 annualized dividend and a dividend yield of 4.21%. The ex-dividend date of this dividend is Tuesday, May 29th. This is a boost from QUALCOMM's previous quarterly dividend of $0.57. View QUALCOMM's Dividend History.

How will QUALCOMM's stock buyback program work?

QUALCOMM declared that its Board of Directors has approved a share repurchase program on Wednesday, May 9th 2018, which allows the company to buyback $10,000,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 12.7% of its shares through open market purchases. Shares buyback programs are usually a sign that the company's management believes its shares are undervalued.

How were QUALCOMM's earnings last quarter?

QUALCOMM, Inc. (NASDAQ:QCOM) posted its quarterly earnings data on Wednesday, April, 25th. The wireless technology company reported $0.80 EPS for the quarter, topping the Zacks' consensus estimate of $0.70 by $0.10. The wireless technology company had revenue of $5.20 billion for the quarter, compared to the consensus estimate of $5.21 billion. QUALCOMM had a positive return on equity of 16.48% and a negative net margin of 20.16%. The firm's revenue was down 13.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.34 earnings per share. View QUALCOMM's Earnings History.

When is QUALCOMM's next earnings date?

What guidance has QUALCOMM issued on next quarter's earnings?

QUALCOMM issued an update on its third quarter earnings guidance on Wednesday, April, 25th. The company provided earnings per share guidance of $0.65-0.75 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.77. The company issued revenue guidance of $4.8-5.6 billion, compared to the consensus revenue estimate of $5.28 billion.

What price target have analysts set for QCOM?

23 Wall Street analysts have issued 1 year target prices for QUALCOMM's shares. Their predictions range from $53.00 to $75.00. On average, they anticipate QUALCOMM's share price to reach $63.2222 in the next twelve months. View Analyst Ratings for QUALCOMM.

What are Wall Street analysts saying about QUALCOMM stock?

Here are some recent quotes from research analysts about QUALCOMM stock:

1. According to Zacks Investment Research, "Regulatory disputes and aggressive competition in the mobile phone chipset market continue to hurt Qualcomm. The company recorded significant decline in licensing fees in second-quarter fiscal 2018 due to the ongoing dispute with Apple and other contract manufacturers. Headwinds from weaker industry conditions have further dented margins. A major part of the growth in the smartphone market in the future is likely to come from the low-cost emerging markets, which will exert additional pressure on its profitability. Moreover, Qualcomm's proposed acquisition of NXP Semiconductors is still awaiting regulatory approvals from the Chinese authorities, negating most of the positives related to the deal. The stock underperformed the industry in the past six months. However, Qualcomm has been trying to retain its leadership in 5G, chipset market and mobile connectivity with multiple technological achievements and launches." (4/30/2018)

2. Royal Bank of Canada analysts commented, "Take Two reported F2Q18 earnings handily beating Street. Not only did GTA continue strong into the quarter (now expecting FY18 GTA growth), newly released NBA 2K saw better sales, better engagement, and better monetization than the prior year. With recurrent comprising 42% of net sales, TTWO’s model is seeing good leverage with (NG) operating margins of 33%. Management offered updated FY guidance including taking net cash generation up to approximately $300M (from $200M)— for a year without a major non-sport release. This performance is driven by high player engagement with the company’s premium content. With annual earnings volatility decreasing, a growing mobile business, ability to leverage secular tailwinds, and an upcoming mega-year, we are very comfortable reiterating our Outperform rating and $112 PT." (11/8/2017)

3. BMO Capital Markets analysts commented, "With Model 3 runrate target of 5k/week pushed out a quarter, we continue to believe GM is the key metric to track on shares. We believe TSLA is fundamentally a technology company and a vertically integrated manufacturer. We believe return on capital is tied directly to TSLA’s ability to manufacture cost-effectively while maintaining ASP. With 4Q17 GM guided lower Q/Q on slower than expected Model 3 ramp, we believe TSLA has a challenging road ahead to reach projected runrates and margins given recent price declines and complexity of automation in the Model 3 manufacturing process. We expect bulls to focus on ADAS progress and look toward 1Q18 production, the benchmark for Model 3." (11/2/2017)

Are investors shorting QUALCOMM?

QUALCOMM saw a decline in short interest during the month of April. As of April 30th, there was short interest totalling 16,885,928 shares, a decline of 15.7% from the April 13th total of 20,026,088 shares. Based on an average daily trading volume, of 10,534,056 shares, the short-interest ratio is presently 1.6 days. Currently, 1.1% of the shares of the stock are short sold.

Has QUALCOMM been receiving favorable news coverage?

News stories about QCOM stock have been trending somewhat positive on Thursday, according to Accern. The research firm identifies positive and negative news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. QUALCOMM earned a news impact score of 0.15 on Accern's scale. They also gave media coverage about the wireless technology company an impact score of 47.56 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.

How do I buy shares of QUALCOMM?

Shares of QCOM can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is QUALCOMM's stock price today?

One share of QCOM stock can currently be purchased for approximately $58.86.

How big of a company is QUALCOMM?

QUALCOMM has a market capitalization of $85.10 billion and generates $22.29 billion in revenue each year. The wireless technology company earns $2.47 billion in net income (profit) each year or $3.78 on an earnings per share basis. QUALCOMM employs 33,800 workers across the globe.

How can I contact QUALCOMM?

QUALCOMM's mailing address is 5775 MOREHOUSE DRIVE, SAN DIEGO CA, 92121. The wireless technology company can be reached via phone at 858-587-1121 or via email at [email protected]

MarketBeat Community Rating for QUALCOMM (QCOM)

MarketBeat's community ratings are surveys of what our community members think about QUALCOMM and other stocks. Vote "Outperform" if you believe QCOM will outperform the S&P 500 over the long term. Vote "Underperform" if you believe QCOM will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

QUALCOMM (NASDAQ:QCOM) Price Target and Consensus Rating

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

23 Wall Street analysts have issued ratings and price targets for QUALCOMM in the last 12 months. Their average twelve-month price target is $63.2222, suggesting that the stock has a possible upside of 7.17%. The high price target for QCOM is $75.00 and the low price target for QCOM is $53.00. There are currently 1 sell rating, 13 hold ratings and 9 buy ratings for the stock, resulting in a consensus rating of "Hold."

Dividends

QUALCOMM (NASDAQ:QCOM) Dividend Information

QUALCOMM pays an annual dividend of $2.28 per share, with a dividend yield of 3.87%. QCOM's next quarterly dividend payment will be made on Wednesday, June 20. The company has grown its dividend for the last 7 consecutive years and is increasing its dividend by an average of 11.60% each year. QUALCOMM pays out 60.32% of its earnings out as a dividend.